BRC Inc. BRCC

Consumer staples SIC 2080 - Beverages NAICS Manufacturing › Beverage and Tobacco Product Manufacturing › Beverage Manufacturing derived NYSE

When used in this report, the terms "we," "us," "our," "BRCC," "Black Rifle Coffee," "Black Rifle Coffee Company," and the "Company" mean BRC Inc. and its consolidated subsidiaries, collectively, unless the context otherwise requires.

Black Rifle Coffee Company is a Veteran-founded and led premium coffee, and energy drink, company operating through one reportable segment composed of three primary channels: Wholesale, DTC, and Outposts. We leverage in-house media and content creation to support brand awareness, customer engagement, and community building. Founded in 2014 by U.S. Army Veteran Evan Hafer, Black Rifle Coffee began with a one-pound coffee roaster in a garage, where Hafer personally roasted, packaged, and shipped coffee directly to consumers. Today, we have grown into a widely recognized and nationally distributed brand steadfast in its commitment to supporting active-duty military, Veterans, first responders, and others who share our values.

Last close 11.30 2026-10-23
Market cap $1.33B estimated share count
52-week range 6.00 - 18.55

Valuation FY2025 figures against the last close

P/S3.3x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-0.13

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue $398.3M$391.5M$395.6M$301.3M$233.1M$163.9M$82.1M—
Cost of revenue $260.3M$230.3M$270.2M$202.1M$143.4M$94.5M$46.4M—
Gross profit $137.9M$161.2M$125.4M$99.2M$89.7M$69.4M$35.7M—
SG&A $54.7M$50.8M$71.6M$64.5M$26.2M$13.9M——
Total operating expenses $162.5M$157.3M$175.7M$166.9M$101.3M$63.6M$35.8M—
Operating income -$24.6M$3.8M-$50.2M-$67.8M-$11.6M$5.8M-$116.0K—
Interest expense $7.5M$11.3M$6.3M$1.6M$2.0M$1.0M$733.0K—
Pre-tax income -$32.1M-$7.5M-$56.5M-$337.7M-$13.7M$4.5M-$758.0K—
Income tax $132.0K$172.0K$185.0K$367.0K$178.0K$185.0K$14.0K—
Net income -$11.9M-$3.0M-$16.7M-$82.9M-$13.8M$4.3M-$772.0K—
EPS, basic -0.13-0.04-0.27-1.62————
EPS, diluted -0.13-0.04-0.27-1.62————
Shares, diluted (wtd. avg.) 95.2M71.1M60.9M51.2M————

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $4.3M$6.8M$12.4M$39.0M$18.3M$35.2M——
Receivables $35.1M$33.6M$25.2M$22.3M$7.4M$3.6M——
Inventory $49.7M$42.6M$56.5M$77.2M$20.9M$16.0M——
Total current assets $100.3M$95.5M$107.7M$145.3M$53.0M$57.1M——
Property, plant and equipment ————$31.1M$14.7M——
Other intangibles $300.0K$359.0K$418.0K$225.0K$167.0K$191.0K——
Total assets $209.2M$227.4M$235.8M$225.3M$87.1M$72.5M——
Accounts payable $34.7M$38.8M$33.6M$12.4M$17.4M$11.5M——
Short-term debt $2.4M$2.0M$2.3M$2.1M$12.0M$866.0K——
Total current liabilities $76.1M$75.2M$84.1M$62.2M$59.0M$33.5M——
Long-term debt $32.3M$63.0M$68.7M$47.0M$22.7M$12.2M——
Total liabilities $141.2M$177.9M$189.3M$129.4M$82.3M$46.4M——
Retained earnings -$135.3M-$123.4M-$120.5M-$103.7M-$20.0M———
Total equity $45.7M$13.2M$46.5M$95.9M-$149.5M-$102.9M-$1.2M$1.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow -$9.8M$11.3M-$25.0M-$116.2M-$7.7M$11.5M$4.1M—
Depreciation and amortisation ———$4.3M$2.8M$1.4M$911.0K—
Stock-based compensation $10.3M$10.6M$7.0M$6.1M$3.2M$1.9M$143.0K—
Capital expenditure $3.7M$8.7M$27.2M$30.4M$19.3M$9.8M$1.0M—
Investing cash flow $1.4M-$7.7M-$21.5M-$30.4M-$19.3M-$9.8M-$1.1M—
Financing cash flow $5.9M-$10.7M$21.4M$167.2M$9.7M$28.8M-$2.2M—
Dividends paid ——$0$0$7.0M$0——
Buybacks —$0$0$20.1M$0$0——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001891101-26-000022.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -200M 0 200M 400M Revenue, FY2019: 82.1M Gross profit, FY2019: 35.7M Net income, FY2019: -772K Revenue, FY2020: 163.9M Gross profit, FY2020: 69.4M Net income, FY2020: 4.3M Revenue, FY2021: 233.1M Gross profit, FY2021: 89.7M Net income, FY2021: -13.8M Revenue, FY2022: 301.3M Gross profit, FY2022: 99.2M Net income, FY2022: -82.9M Revenue, FY2023: 395.6M Gross profit, FY2023: 125.4M Net income, FY2023: -16.7M Revenue, FY2024: 391.5M Gross profit, FY2024: 161.2M Net income, FY2024: -3M Revenue, FY2025: 398.3M Gross profit, FY2025: 137.9M Net income, FY2025: -11.9M FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $82.1M $163.9M $233.1M $301.3M $395.6M $391.5M $398.3M
Gross profit — $35.7M $69.4M $89.7M $99.2M $125.4M $161.2M $137.9M
Net income — -$772.0K $4.3M -$13.8M -$82.9M -$16.7M -$3.0M -$11.9M

Recent filings and events

  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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BUDA BUDA JUICE, INC. $82.9M 33.0x 11.8%